275-279 Mast Rd

Durham, NH 03824

$2,750,000
Price
—
Beds
—
Baths
8,484 Sq. Ft.
$324 / Sq. Ft.
8,484
Sq. Ft.
$324
per Sq. Ft.

Description

Here is an exceptional investment opportunity consisting of three modern, well-maintained multifamily buildings located adjacent to the University of New Hampshire campus in Durham, NH. This turn-key asset features 8 spacious residential units, town approved for 27 student beds, and 40 on-site parking spaces, offering a unique combination of cash flow, location, and flexibility. A great Investment offering an 8.36% Cap Rate!Here is an exceptional investment opportunity consisting of three modern, well-maintained multifamily buildings located adjacent to the University of New Hampshire campus in Durham, NH. This turn-key asset features 8 spacious residential units, town approved for 27 student beds, and 40 on-site parking spaces, offering a unique combination of cash flow, location, and flexibility. A great Investment offering an 8.36% Cap Rate!
  1. Listed by Paula Igoe • Arthur Thomas Properties

Property Details for 275-279 Mast Road

Zoning
MUDOR
LISTING UPDATED: 02/05/2026 09:40 PM

Property Details for 275-279 Mast Road

StatusActive
MLS #5040821
Days on Market270
Taxes$37,665 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size1.97 AC / 85,813 SF
CountyStrafford County

Location

Listing Courtesy of Arthur Thomas Properties
Add your commute

Building Information for 275-279 Mast Road

Stories2Residences8Year Built1900Building Size-Lot Size1.97 AC / 85,813 SF

Payment Calculator

$16,542 per month

30 year fixed, 6.15% Interest

Principal and Interest

$13,403

Property Taxes

$3,139

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 275-279 Mast Road

Summary
Location and General Information
  • City: Durham
  • County: NH-Strafford
  • Latitude: 43.143668453857785
  • Longitude: -70.945129134918218
  • Road Frontage: TBD
  • Seasonal: No
  • State: NH
  • Street Designation: Road
  • Map: 210
  • Zip Code: 03824
Taxes and HOA Information
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Block: 20
  • Lot: 00
  • Lot Features: Field/Pasture, Level, Secluded, Near Shopping, Near Public Transportatn
  • Lot Size Acres: 1.97
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • PreConstruction: No
  • Surveyed: Yes
  • Year Built: 1900
Utilities
  • Electric: 100 Amp Service, Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Drilled Well
  • Utilities: Gas at Street
  • Total Gas Meters: 3
  • Total Electric Meters: 9
  • Separate Utilities: No
  • Internet: Fixed Wireless Internet
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Vinyl Siding
  • Roof: Asphalt Shingle
  • Total Ranges: 8
Interior Features
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Crawl Space, Partial
  • Heating: Natural Gas, Hot Water
  • Cooling: None
  • Total Refrigerators: 8
  • Total Stories: 2
  • Total Water Heaters: 8
  • Trash: Dumpster
Multi Family
Income & Expenses Information
  • Gross Income: $311,100.00
  • Net Income: $229,855.00
  • Operating Expense Incl: Heat, Insurance, Maintenance, Sewer, Snow Removal, Trash, Utilities
  • Operating Expense: $81,215
Multi-Family Information
  • Total Units: 8
  • Total 1 BR Units: 1
  • Total 2 BR Units: 2
  • Total 3+ BR Units: 5
  • Total Heat Units: 3
Rental
Rent Information
  • Total Leases: 8

Property History for 275-279 Mast Road

DateEvent & SourcePriceAppreciation
May 14, 2025

Listed (Active)

New England Real Estate Network #5040821

$2,950,000—
Jul 28, 2020

Sold

New England Real Estate Network #4803882

$2,200,000—
May 9, 2020

Pending

New England Real Estate Network #4803882

—
May 6, 2020

Listed (Active)

New England Real Estate Network #4803882

$2,200,000—
Mar 27, 2002

Sold (Public Record)

Public Record #285589081

$168,000—
DateEvent & SourcePrice
05/14/2025

Listed (Active)

New England Real Estate Network #5040821

$2,950,000
07/28/2020

Sold

New England Real Estate Network #4803882

$2,200,000
05/09/2020

Pending

New England Real Estate Network #4803882

—
05/06/2020

Listed (Active)

New England Real Estate Network #4803882

$2,200,000
03/27/2002

Sold (Public Record)

Public Record #285589081

$168,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 275-279 Mast Road

Taxable ValueLand$262,500Additions$1,316,900Total$1,579,400
Tax Record2022$45,866 ($3,822 / month)
Home Facts
Baths3Total Finished SqFt2,640 SqFtAbove Grade Finished SqFt2,640 SqFtStories2Lot Size85,834 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningMUDORCountySTRAFFORDAPNDRHM M:210 L:20

Schools near 275-279 Mast Road

This home is within Oyster River Coop School District.
Rating
School
Type
Grades
Distance
Mast Way School
Public - K to 4
Oyster River Middle School
Public - 5 to 8
Oyster River High School
Public - 9 to 13
Rating
School
Distance
Mast Way School
PublicK to 4

Oyster River Middle School
Public5 to 8

Oyster River High School
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 275-279 Mast Road, Durham, NH 03824

275-279 Mast Road is a multi-family home for sale in Durham, NH 03824. This property was listed for sale on May 14, 2025 by Arthur Thomas Properties, it's currently listed at $2,750,000. It has been on the market for a total of 270 days and was last sold on July 28, 2020. This listing's school district is Oyster River Coop School District. Nearby schools include Mast Way School, Oyster River Middle School and Oyster River High School. 275-279 Mast Road is a 0-bed, 0-bath, 8,484 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Arthur Thomas Properties

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 02/09/2026 03:39 AM